Posted inFood & Drink

San Antonio dining staple Luby’s sells cafeteria business for $28.7 million

San Antonio-born comfort food staple Luby’s Inc. has agreed to sell its remaining cafeterias and its iconic brand for $28.7 million, industry publication QSR Magazine reports. The deal encompasses all 32 Texas restaurant locations and the Luby’s Cafeteria brand. Not included are real estate owned by Luby’s, its culinary contract service business or corporate stores […]

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